Economy and Tourism
Typography

 

 *First visit by high-ranking Vietnamese official since relations established between the 2 countries * Minister to participate in joint session of the economy committees of both governments and visit technological incubators * Minister to meet with Israeli counterpart, Minister of Economy Naftali Bennett


JERUSALEM – 23rd September 2014. The Vietnamese Minister of Science and Technology, Nguyen Quan, will head a large delegation of high-ranking Vietnamese government officials slated to visit Israel at the end of the month (28.9-2.10) and will hold, for the first time since the establishment of diplomatic relations 20 years ago, a session of the joint economic committee with officials from both governments. The Minister will lead the committee discussion on the Vietnamese side while Israeli Minister of Economy, Naftali Bennett, will lead discussion on the Israeli side.

The session comes as part of a full state visit by the Vietnamese Minister, including a tour of the New Generation Technology project in Nazareth, the Bio-Jerusalem project, visits to Israeli technology companies and a gala dinner with representatives of Israeli companies active in Vietnam.

The visit marks a high point in the strengthening of economic relations between Israel and Vietnam. Bilateral trade has reached approximately USD $1 billion per annum in recent years, and consequently the Foreign Trade Administration at the Israeli Ministry of Economy and the parallel authority in Vietnam have begun discussions to advance a free trade agreement. The recently-published Global Competitiveness Report by the World Economic Forum ranked Vietnam 68th of 144 countries. The report states Vietnam is a developing market with a highly-educated population (over 90 million people) and high rate of participation in the workforce by women - factors that combine to define Vietnam as the "Asian Tiger" of growth (growth projected in 2014 was 5.5%). Nevertheless, on innovation, Vietnam was not marked for distinction.

Ministry of Economy Trade Attaché to Vietnam, Tzafrir Assaf: "Vietnam has become highly attractive for small and medium-sized technology companies. The Vietnamese avoid purchasing cheaply-made technology products and are willing to pay for reliable and innovative solutions made in Israel. Small and medium exporters, offering niche solutions tailored to the needs of the customer, succeed in penetrating the Vietnamese market, with the help of local distributors we locate for them. The Vietnamese economy provides Israeli companies with significant opportunities and the visit by the technology minister is aimed at leveraging these opportunities. Thus, for example, we try to connect Israeli and Vietnamese technology companies, with the help of funding by the World Bank. In addition, the Ministry of Science and Technology is responsible for granting a company recognition as being 'Hi-Tech' and this holds financial significance for Israeli companies choosing to invest in Vietnam and increase their presence in the country."

Minister of Economy Naftali Bennett: "Part of the Ministry of Economy's responsibility is strengthening Israel's economic relations with developing countries and new markets around the world and Vietnam holds many opportunities for Israeli exporters. This summit of economic officials from both countries will pave the road for additional Israeli exporters and leverage our economic ties with this country, gaining a stronger footing in Asia and in the whole world."

The Foreign Trade Administration at the Ministry of Economy said that exports to Vietnam during 2013 amounted to USD $702 million compared to USD $745 million in 2012. The data marks a drop of 6%, which can be attributed to the strengthening shekel and weakening dong which occurred in tandem with the effects of the global financial crisis which hit Vietnam relatively late and hurt market demand. The leading fields of export were electronics and mineral components (mainly by Intel), chemical products, fertilizer, paints and telecommunications products. Imports from Vietnam reached USD $413.2 million in 2013 and $318 million in 2012. The data reflects a 30% rise in imports, mainly comprised of telecommunications products, animals, agriculture, food, textile products and footwear. The most significant rise was in imports of textile products and footwear.

 The visit marks a high point in the strengthening of economic relations between Israel and Vietnam

 

-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

 Vietnam, Israel reach high-tech deal

 

Written by http://www.vietnambreakingnews.com/  

 Vietnam and Israel signed an agreement to boost economic cooperation, particularly on science and technology.

The deal was reached during Minister of Science and Technology Nguyen Quan's visit to Israel from September 28 – October 2 to attend the first meeting of the Inter-Governmental Committee for Economic and Technological Cooperation .

Quan, addressing the signing ceremony, said both sides would not only facilitate the exchange of scientists but also expand into human resources training and research.

Vietnam hoped to develop technology in the fields of agriculture and cyber security and safety with Israel, he said, and pledged maximum support to Israeli investors.

The country looked forward to launching talks on a free trade agreement with Israel as soon as possible, Quan added.

Israeli Economic Minister Naftali Bennett, for his part, expressed his hope for the value of bilateral trade to cross the threshold of 1 billion USD this year.

Agreeing with Bennett, the Ministry of the Economy's Trade Attaché Tzafrir Assaf said Vietnam was becoming increasingly attractive for small and medium-sized Israeli high-tech companies.

Last year, Israel exported goods worth 702 million USD to Vietnam and spent 413.2 million USD on imports, mostly garments and footwear.

Its major earners are electronics, chemicals, fertilisers, paint and telecommunication products.-VNA

 

 

 Israeli Economic Minister Naftali Bennett and Minister of Science and Technology Nguyen Quan (R) at the signing ceremony (Photo: VNA)

 

 

 

Over 60 leading women from across the world joined together last month for a panel discussion showcasing Israeli females in the lead.
Organized by The Israel Project (TIP) and the Embassy of Cyprus in Israel, the event served as a platform to discuss and understand the challenges and opportunities facing women in Israeli society in the modern age.
Among the panelists were popular journalist Judy Shalom Nir-Mozes. Former IDF commander Miri Eisin and Israeli Olympic athlete Maayan Davidovich.

Read more ...

Prime Minister Benjamin Netanyahu, Greek Prime Minister Alexis Tsipras and Cypriot President Nicos Anastasiades, today (Thursday, 15 June 2017), in Thessaloniki, at the third trilateral summit, signed joint statements for the continued strengthening of relations.

Read more ...

A senior delegation from Tanzania, headed by Dr. Aloyce Nzuki, Permanent Secretary Ministry for Natural Resources and Tourism, arrived in Israel for a series of meetings and events designed to increase cooperation with the Israeli tourist industry, and encourage Israeli tourism and investments to enchanted, exotic Tanzania.

Read more ...

At a festive ceremony attended by Minister of Education Naftali Bennett, the Lauder Dormitory Building was inaugurated today at the Technion
state of the art building was donated to the Technion by World Jewish Congress President Ronald Lauder and his wife Jo Carole

Read more ...

09 June 2017 – Jerusalem) The U.S. Permanent Representative of the United States to the United Nations Nikki Haley visited Yad Vashem today. The Ambassador was guided through the Holocaust History Museum by Dr. Robert Rozett, Director of Yad Vashem Libraries, participated in a memorial ceremony in the Hall of Remembrance, visited the Children's Memorial and signed the Yad Vashem Guest Book.

Read more ...

On Wednesday evening, June 7th, the Embassy of Slovenia in Tel Aviv celebrated 26 years of independence, and 25 years of bilateral relations with Israel. The commemoration was held at the Peres Center for Peace and Innovation in Jaffa. The event was timed to coincide with visits by both the Minister of Education, Science and Sport Dr. Maja Makovec Brencic, and a high-level parliamentary delegation led by National Assembly President Dr. Milan Brglez.

Read more ...

President Reuven Rivlin today (Wednesday) met at his residence in Jerusalem with United States Permanent Representative to the United Nations, Ambassador Nikki R. Haley.

President Rivlin welcomed her and said, “You are a dear friend of Israel. We appreciate your strong stand on the world’s most important stage, in support of the security of the people and the State of Israel. With your support we see the beginning of a new era. Israel is no longer alone at the UN. Israel is no longer the UN’s punching bag.”

He continued, “When I spoke at the UN on Holocaust Memorial Day, I said that the UN must learn from the lessons of the past, and stand up against hatred and racism. I said it must end its obsession with targeting Israel. Progress has been made. Israel’s standing at the UN has improved. But sadly, we have a long way to go. Both in holding to account, public statements made by officials, and in supporting regulation to reduce the ridiculous number of discussions and resolutions against Israel. This is also true in the Human Rights Council - which has been hijacked as a weapon against Israel - and in UNESCO, where they seek to rub out the history of the Jewish people.”

The President thanked the Ambassador for her great contribution to the State of Israel, and said, “Ambassador Haley, as the representative the US - Israel’s greatest and strongest ally - we appreciate very much your support of Israel, and all you do to stand up for the values of freedom and democracy which we share. Welcome to Israel, welcome to Jerusalem.”

Ambassador Haley thanked the President for his warm welcome and said, “Thank you Mr. President for taking the time to meet with us, it is an absolute thrill to be here in Israel, I so much appreciate the support we have received from the people of Israel. But I feel somewhat guilty because all I did at the United Nations was tell the truth. I have never taken kindly to bullies, and the UN has bullied Israel for a very long time, and we are not going to let that happen anymore. It is a new day for Israel in the United Nations. We just got back from Geneva, talking about the Human Rights Council and hopefully it will be a new day at the Human Rights Council when it comes to Israel.”

She concluded by saying she was greatly looking forward to her visit to Israel and said, “I am looking forward to taking in the history, the beauty, the tradition, and all that comes with the magic of Israel. Thank you very much for having me it is a pleasure to be here.”

Photo credit: Mark Neiman (GPO)

Friday was a beautiful late spring day; the gardens were lovely, the weather was fine; the guests were elegantly attired; the refreshments were generous and delicious; all the makings of a happy celebration marking the National Day of Sweden. H.E. Carl Magnus Nesser, ambassador of Sweden to the State of Israel, hosted the event at the ambassadorial residence in Herzlia Pituach.

The event was attended by many Swedish nationals living in Israel; Swedish music, Swedish food, Swedish sponsors and a generous open bar – all the makings of a happy event.

Read more ...

A fundamentally agricultural holiday, Shavuot commemorates the custom of bringing offerings to the Holy Temple from the first fruits of the harvest and the first animals born to the flocks.

Shavuot, the Holiday of Weeks, is one of the three pilgrimage holidays, along with Pesach and Sukkot. These are the holidays on which the whole Jewish people would come to Jerusalem​ in ancient times, when the Holy Temple was there, and would offer animal and grain sacrifices.

Read more ...

Tel Aviv Eat presents three evenings of tastings and workshops featuring the region’s leading restaurants and most prominent chefs. Entrance is free (including the chefs’ demonstrations), and tasting portions range in price from NIS 20-35. Doors open each evening at 18.00. There are several performance stages, live music, and stands selling beer.

Read more ...

"Only when we remember the families who were torn apart from everyone they loved, who suffered that terrible darkness and evil, who had endured the unbearable horror of the Holocaust, only then can we prevent this agony from ever repeating." President Donald J. Trump

Read more ...

The Charles Bronfman Auditorium at Habima Square is one of the centerpieces of the Israeli arts and cultural scene, home to the Israel Philharmonic for the last 60 years. On Friday, May 19th, it was home to yet another historic event, with the dedication of the entrance hall to Miri Shitrit of blessed memory.

Read more ...

President Reuven and First Lady Nechama Rivlin today, (Monday), welcomed President of the United States Donald J. Trump, and First Lady Melania Trump on arrival at Ben-Gurion International Airport, and then at the President’s Residence in Jerusalem.

On his arrival at the President’s Residence, President Trump signed the official guest book and wrote, “It is such a great honor to be in Israel and be with all of my great friends”.

Read more ...

  Prime Minister Benjamin Netanyahu and his wife Sara, today (Monday, 22 May 2017), at Ben-Gurion International Airport, welcomed US President Donald Trump and his wife Melania with an honor guard.

Read more ...

President Reuven Rivlin on Tuesday , at a ceremony at the President’s Residence in Jerusalem, received the diplomatic credentials of the new Ambassadors to Israel from Thailand and Spain. Each ceremony began with the raising of the flag and the playing of the national anthem of the visiting country, and - after the presentation of the credentials - the signing of the guest book, before the playing of Israel's national anthem 'Hatikva'.

Read more ...

JPost.com - Breaking News

Trump to nominate NFL team owner Johnson as US ambassador to Britain

Kuwait hands Qatar a list of demands from boycotting countries

US judge in Michigan blocks deportation of more than 100 Iraqis

Trump says he is 'very supportive' of Senate healthcare bill

Report: North Korea tests rocket engine

Israelis march in Beersheba's first ever Pride Parade

US voices concern about violence against monitors in east Ukraine

US military says kills al Qaeda leader in key Yemen province

IDF: Man spotted crossing over from Israel into Lebanon

US charges New York man with trying to join Islamic State

Qatar firms cancel expat leave, restrict travel after Arab rift

Qatar Airways to buy 4.75 percent stake in American Airlines

Erdogan spokesman says Turkey and Russia to deploy in Syria's Idlib

Report: US intelligence chiefs say they did not feel pressured by Trump

Egyptian government approves presidential proposal extending state of emergency

UK police determine: Man died of injuries in van attack at London mosque

Car bomb targeting police station in Somalia's capital kills four

Russian Foreign Ministry: High degree of certainty IS leader is dead

Dozens killed in Afghanistan car bomb

Iran's Khamenei: 'There is no doubt' we'll witness Israel's demise

US will take weapons from Kurds after Islamic State defeat

Dozens killed in Afghanistan as car bomb hits bank branch

UK's Prince Philip has left hospital in London, Buckingham Palace says

Three killed as suspected Muslim insurgent camp found in Myanma

Currency Exchange Rate

MARKET MOVERS

Yahoo! Inc.

NMS : YHOO - 01 Jan,
52.58
-52.58 (-100.00%) After Hours:
Open 52.58 Mktcap 50.38B
High 52wk Hight 57.39
Low 52wk Low 35.05
Vol 0 Avg Vol 19.80M
Eps 0.71 P/e
Currency: USD

Alphabet Inc.

NMS : GOOG - 22 Jun, 1:35pm
959.28
-0.17 (-0.02%) After Hours:
Open 958.70 Mktcap 663.58B
High 960.72 52wk Hight 988.25
Low 954.55 52wk Low 663.28
Vol 516036 Avg Vol 1.60M
Eps 33.91 P/e 32.42
Currency: USD

Apple Inc.

NMS : AAPL - 22 Jun, 1:35pm
146.3245
+0.4545 (+0.3116%) After Hours:
Open 145.7700 Mktcap 762.91B
High 146.7000 52wk Hight 156.6500
Low 145.1199 52wk Low 91.5000
Vol 10.52M Avg Vol 27.24M
Eps 8.9400 P/e 17.1662
Currency: USD

Weather

Jerusalem Israel Clear (night), 17 °C
Current Conditions
Sunrise: 5:35 am   |   Sunset: 7:48 pm
80%     4.9 m/s     31.451 atm
Forecast
Fri Low: 16 °C High: 28 °C
Sat Low: 17 °C High: 30 °C
Sun Low: 19 °C High: 33 °C
Mon Low: 21 °C High: 36 °C
Tue Low: 23 °C High: 37 °C
Wed Low: 23 °C High: 34 °C
Thu Low: 22 °C High: 33 °C
Fri Low: 21 °C High: 33 °C
Sat Low: 23 °C High: 34 °C
Sun Low: 24 °C High: 38 °C

MARKET MOVERS article

Yahoo! Inc.

NMS : YHOO - 01 Jan,
52.58
-52.58 (-100.00%) After Hours:
Open Mktcap 50.38B
High 52wk Hight 57.39
Low 52wk Low 35.05
Vol 0 Avg Vol 19.80M
Eps 0.71 P/e
Currency: USD

Alphabet Inc.

NMS : GOOG - 21 Jun, 4:00pm
959.45
+8.82 (+0.93%) After Hours:
Open Mktcap 663.70B
High 52wk Hight 988.25
Low 52wk Low 663.28
Vol 5 Avg Vol 1.60M
Eps 33.91 P/e 32.42
Currency: USD

Apple Inc.

NMS : AAPL - 21 Jun, 4:00pm
145.87
+0.86 (+0.59%) After Hours:
Open Mktcap 760.54B
High 52wk Hight 156.65
Low 52wk Low 91.50
Vol 2641 Avg Vol 27.24M
Eps 8.94 P/e 17.11
Currency: USD